
Max Keiser Predicts $2.2M Bitcoin Amid 21 Capital vs. Strategy Showdown
Loading summary
Advertiser
Did you know that parents rank financial literacy as the number one most difficult life skill to teach? Meet Greenlight, the debit card and money app for families. With Greenlight, you can send money to kids quickly, set up chores, automate allowance, and keep an eye on your kids spending. With real time notifications, kids learn to earn, save and spend wisely. And parents can rest easy knowing their kids are learning about money. With guardrails in place, Try Greenlight Risk free today@greenlight.com Spotify this episode is brought to you by Indeed. When your computer breaks, you don't wait for it to magically start working again. You fix the problem. So why wait to hire the people your company desperately needs? Use Indeed's sponsored jobs to hire top talent fast and even better, you only pay for results. There's no need to wait. Speed up your hiring with a $75 sponsored job credit@ Indeed.com podcast. Terms and conditions apply. Welcome Bitcoin fam to no. 1 Daily Bitcoin Pod in today's show be sharing the latest Bitcoin technical analysis as well as the SEC met with El Salvador this week to discuss creating a sandbox for Bitcoin and Crypto innovation. The new era begins. We'll also be discussing Bitcoin supply on the exchanges is falling due to the public company purchases. Can you say incoming supply shock? Also be discussing Asian firms ramp up their Bitcoin buys including Meta Planet and Black Rock. Their Bitcoin fund wins the best new ETF on $643 million inflow day. Also breaking news. We will be discussing sovereign wealth funds piling into Bitcoin as the retail exit. According to the Coinbase executive as well as Max Kaiser makes a whopping 2.2 million bitcoin forecast amid 21 capital versus strategy showdown. I'll be breaking this down for you and as a bonus we'll be discussing how to create an income with your Bitcoin British huddle style. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good Crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at Crypton News Alerts. Again, that's crypto news alerts.net today is pod number 1972. I'm your host JV and this is your co host Nipinator. Glad to be here today April 24, 2025. Let's kick it off with our market watch as we do each and every day we finally pull back some after several days of green bullishness in the markets. The silver lining, we're still maintaining above 93, 400 at the time of the live stream only down point 3% on the day. Ether in the red, XRP and BNB all correcting and in the red and checking out coinmarketcap.com the current crypto market cap sits at a staggering $2.93 trillion Bitcoin market cap just shy of 1.9 trillion. We got roughly I would say 89 billion worth of volume over the past 24 hours. So volumes down 20 or 34 on the Bitcoin dominance has been climbing currently 63.4%. Ether dominance 7.3%. And checking out top 100 crypto gainers past 24 hours we got Polygon Matic up 12%. Artificial Super Intelligence alliance of 12 and stacks up 10. Which alts if any are you bullish on? For the bull, let me know. And checking out the crypto bubbles we'll get a visual perspective on the day. As you can see most of the market in the green overall even though a top a lot of the top coins are correcting and in the red zooming out on the weekly I'd say virtually everything in the green like 98% of the market. Not, not too shabby there. Trump coin leading the pack. As you know, Trump made an announcement that the top holders of the Trump meme coin would win a dinner and it soared literally 60% in a day. Which explains the price jump. But anyways, the monthly you're looking at now, it's pretty divided. I'd say 6040 right over green. And checking out the crypto greed infer index. Today we're 63. Greed yesterday the highest. We've been in a hot minute at 72, last week at 30 and last month of 46. In fear checking out the infamous time chain calendar we're currently on block height 893 812. We have 156,188 blocks to the next having and you can currently exchange one fiat monopoly dollar for 1 71sats plus. So pick up the stats, put down the gats and pick up some bitcoin cats from a man sergio over@bitcoincaps.net if you don't know, now you know. Welcome everyone to the live stream. What to do? Anyways, without further ado we'll dive into today's TA AKA Astrology for the broskis and I'll pull up some of the live charts bitcoin short squeeze or 87 dip next. You let me know your thoughts and I'll break down some of this ta as per some of the analysts here on the market. Let's start right here at the one hour chart. Bitcoin consolidated below key resistance today as the price forecast brought sub 90, 000 levels back in play. The market is now up over 1% on the day on no news at all according to the Kabisi Letter. As we have seen multiple times this year, it's almost feels like someone is front running something right now. We expect to see some sort of bullish announcement soon. Bitcoin continue to brush off the news events leaving volatility to the equities while Gold attempted to stabilize after slipping from record highs. We did tap roughly 3, $500 per oun and quoting Mikal Vende Pop Fairly normal to have a slight correction here on Bitcoin as it's just had a massive breakout. Buyers likely going to step in and then we'll be continuing our path towards new all time highs. Let me know if you agree disagree with the analyst. You're the owner of a small business, which means you're also the tech guy and HR and personal assistant and head honcho and intern. You could use another pair of hands like the experts you'll find at Verizon small business days April 21st through 27th. Get a free tech check, special deals and more. Call 1-800-483-4428 or visit verizon.comsmallbusiness to book your appointment. Verizon Business Immortal says a dip to 88, 000 would be lovely if the market gives it. I will probably play one of these two setups or maybe both. Also, Rec Capital had a similar conception for the potential support retest. Quoting them here depends upon how the Bitcoin Weekly closes relative to 90,035. I shared alongside the chart so the main Target thus remains at 93 for the yearly open and Chad says Bitcoin liquidation heat map shows that liquidity of leverage positions is building up on both sides. Leverage longs mainly around 914 and leverage shorts at around 935 to 94. 5. So you let me know which direction will likely head next and like I said I'll pull up the live chart here. Also breaking news, the SEC did meet with El Salvador this week and and of course last week we had Bukele meeting with Trump. President B meets President T which is always bullish and now they're going to Be creating a sandbox for bitscoin and crypto innovation. The new era begins ever, ever. Chicka Chigga Chigga Slim, JV Stack, the bitty. But there you have it. And now let's pull up some of the live charts really quick. We'll take a quick look at some of the different time preferences starting with the hourly and then we'll work our way back from there. There. So let me see here. And this is live via Trading view via Coinbase. The one hour chart. As you can see on your screen, we had a lot of bullish momentum in the past week. In fact, I mean even today we're climbing right back. But we did dip some obviously after three consecutive days of bullishness. Zooming out from the hourly. Oh, let's check out the four hour, four hour chart. You can see this morning we had three green consecutives and we finally got a red corrective which is where we're at. And yesterday a lot of green four hour candles. And zooming out from here there's no particular target. We'll go to the daily. And the daily chart does have a bull target. There is a rising wedge formation followed by a falling wedge. The the bull scenario is just shy of 112000 which take us back to price discovery Bear scenario just shy of 69 GS and zooming out a little further from there we'll go to the weekly. And the weekly chart you can see three consecutive green candles which is nice. So this week has been very bullish already, basically outpacing the two previous weeks put together virtually. And Sunday we'll get the next weekly close. The silver lining here is we do have the cup and handle 124 $000 target in play. And taking one more look here at the one month a broader perspective, you can see the month of April thus far so good. Big green cand months were bearish unfortunately. And you know November was the biggest green candle we have ever seen in bitcoin's history. So there you have it. Let me know which side you think bitcoin is likely to play next. Up or down? Up, up, down, down. Left, right, left, right. B A B A Select Start Infinite Men. Y'all remember the contra cheat code for my NES OGs? Let me know. Bitcoin supply on the exchanges is falling due to the public company purchases, which means incoming supply shock. More bullishness for the preload bitty. Bitcoin reserves on crypto exchanges have dropped to their lowest level in more than six years as publicly traded companies ramp up their accumulation of the digital asset following President election, according to Fidelity Digital Assets. Quoting them here, we have seen Bitcoin supply on the exchanges dropping due to the public company purchases, something we anticipate accelerating in the near future. Fidelity said the supply of Bitcoin and the exchanges had fallen to roughly 2.6 million BTC, the lowest since November of 2018 and and more than 425,000 BTC have moved off the exchanges since November, a trend often views as a signal of the long term investment rather than short term trading, meaning it's in the hands of the whales or the long term hodlers. And over the same period, publicly traded companies acquired nearly 350,000 BTC, according to Fidelity. Fidelity is a subsidiary of well Digital Assets of Fidelity Investments, the almost 6 trillion asset management giant headquartered in Boston, Massachusetts. The Fidelity Digital subsidiary was established in 2018, long before crypto was considered an institutional asset class. Fidelity is the issuer of the Fidelity Wise Bitcoin Fund, one of the first spot E tests which were approved. One of the original 11 fidelity noted significant corporate Bitcoin purchases. Most of the accumulation has been driven by Strategy, the business intelligence firm turned Bitcoin bank co founded by Mr. Sailor and since November Strategy acquired 285,980 BTC, accounting for 81% of the approximately 350,000 Bitcoin purchased by publicly traded companies. Clearly they're leading the pack by a long shot and now they have some competition stirring up which we'll dive into later. Jack mers being the CEO of a new company called 21 ultimately game theory a great example of game theory playing out here. You know that feeling when someone shows up for you just when you need it most? That's what Uber is all about, not just a ride or dinner at your door. It's how Uber helps you show up for the moments that matter. Because showing up can turn a tough day around or make a good one even better. Whatever it is, big or small, Uber is on the way so you can be on yours. Uber on our way from the corporate level? Yeah, I mean with companies putting the Bitcoin on the balance sheet and doing all that fun stuff. And we also have Meta Planet and these Japanese companies embracing the Bitcoin as the global hash wars continue. Next story of the day, we're going to try to knock out all the news as quick as possible for today. Headline here reads Asia Firms ramp up their Bitty Buys as Meta Planet and Hong Kong Asia continue to lead the charge that's right. Tokyo based Meta Planet disclosed April 24 it acquired an additional 145 bitty for almost 2 billion Japanese yen, 13.4 million USD, boosting its total holdings now to 5,000 bitcoin. Their goal is to have 10,000 bitcoin before the end of the year. So I think they're well on their path and I believe their goal by the end of next year is to have 21,000 bitcoin and I believe they'll do it. It looks like they're on on their trajectory. The firm has been aggressive and it's Bitcoin treasury operations using bond issuances and Bitcoin income strategies such as selling cash secured bitcoin put options, the finance acquisitions since initiating the Bitcoin strategy, Meta Planet stock surged over 3,000%. Good Lord. The company aims to hold 21,000 of the bitty by the end of next year. Let me know if you think they they'll hit their advantageous goal there. Hong Kong Asia holdings also announced plans to raise 65 million Hong Kong dollars, which is 8.35 million USD, by issuing new shares and convertible notes to potentially buy more of the bitty. According to the April 23 filing, the company entered into share subscription and convertible note subscription agreements after trading hours. The deal includes issuing 3.2 million new shares at a subscription price of $4 per share alongside convertible notes valued at 52 million in aggregate principal amount. The newly issued shares would represent 0.82% percent of the Hong Kong Asia holdings total shares in circulation. While the filing does not mention that Hong Kong Asia holdings intends to use the funds to buy Bitcoin, many in the crypto community speculated that the capital raise is expected to fund further bitcoin acquisitions. I mean, I mean sounds like it. The speculation follows HK Asia's February decision to step into the bitcoin markets and then also as you know, Sailor's been stockpiling bitcoin like a madman. Currently leading the pack and as of 4:20 April 20th strategy now has 538200 bitcoin on the balance sheet. The figure includes the company's most recent acquisition of 6556 Bitcoin for $555 million. And if you don't know now you know. So yeah, Black Rock Bitcoin Fund WINS Best new ETF on 643 million inflow day. So the ETFs are so back when it comes to the incoming volume. Quoting them here, check it. I am pretty sure this is how I voted Both of them did things no one else has seen before according to Eric Baltunes referencing Vanguard S P 500 winning the ETF of the Year award. And over the past five years Voo is up 89 according to Google Finance. Now Ibit which is BlackRock's spot Bitcoin ETF, also one recipient of the crypto ETP which is exchange traded product of the year and they are the largest holder of Bitcoin as far as the other asset managers I and they hold more even than MicroStrategy. IBIT's two awards came the same day. IBIT recorded 643 million of inflows according to the Far side data. It was the highest inflow since January 21 when it saw 662 million a day after Trump's inauguration. That was right after we hit the all time high of 10, 9, 3 current price discovery. So yeah, it is what it is. Bitcoin commentator Vivic says this is is massive while Apollo Sats co founder Thomas Farrer said it's a huge inflow. The IBIT Fund which launched January 24th on the 11th alongside 10 other US based bot Bitcoin ETFs have net assets of roughly 54 billion. Pretty pretty substantial obviously. And you can see the IBIT Trust ETF currently trading at 53:20. Meanwhile Venec Bitcoin ETF received the award for the best new ETF ticker. IBIT large inflow on April 23rd made most of 917 million seen across the 11 spot Bitcoin ETFs on a day so almost a billion in volume. It was the second day in a row with over 900 million of inflows amid most of the month posting outflows due to the macro uncertainty with all the trade war tensions and such. Glass Node pointed out that the 912 million ETF inflows the day prior equaled more than 500 times the 2025 daily average. And as you can see here, spot Bitcoin ETFs have purchased almost 25,000 of the bitty just the past three days worth 2.3 billion. So the institutional buying spree continues. Sovereign wealth funds piling into the Bitcoin as the retail exit can't make this is up. That's right. Sovereign wealth funds and other institutions were accumulating Bitcoin during April of this year. This episode is brought to you by State Farm. You might say all kinds of stuff when things go wrong, but these are the words you really need to address. Remember like a good neighbor, State Farm is There, they've got options to fit your unique insurance needs, meaning you can talk to your agent to choose the coverage you need. Have coverage options to protect the things you value most, File a claim right on the State Farm mobile app and even reach a real person when you need to talk to someone. Like a good neighbor. State Farm is there while retail traders are exiting the markets via the ETFs and spot markets. According to John D. Agostino, the head of strategy of Coinbase, during the recent appearance at cnbc, the Coinbase exec linked Bitcoin to gold and said that many institutional buyers bought Bitcoin as a hedge against currency inflation, macroeconomic uncertainty. According to the Coinbase executive, Bitcoin is trading on its core characteristics, which again are similar to gold. You've got scarcity, immutability and non sovereign asset portability. So it's trading the way people who believe in Bitcoin would like to trade it. And when you do the work, there's a very short list of assets that mirror the characteristics of gold. Bitcoin's on the short list. So I guess they're trying to say Bitcoin drives the short bus is what it is. Governments and financial institutions are increasingly adopting Bitcoin to protect purchasing power and the value of their Treasuries in the face of macroeconomic shocks and geopolitical tensions. Which is a given, right? Makes sense. It's the ultimate hedge institutions adopting Bitcoin reserve strategies to combat inflation. We have sovereign countries like El Salvador and Bhutan adopting national Bitcoin reserves, enacting actively purchasing Bitcoin for their reserves. Municipalities and state governments have also adopted pro Bitcoin policies and proposed legislation to accumulate Bitcoin to protect the purchasing power of the Treasuries from depreciating fiat currencies. Michael Sailor and strategy, formerly known as micro strategy, popularized the corporate Bitcoin treasury concept. We call it the Sailor put adopted by growing a list of companies including Marathon Digital, Meta Planet, Similar Scientific and even those Japanese firms like Meta Planet, which we touched upon earlier. The executive also transformed the business software and intelligence company into a bitcoin holding firm. A kid to the Bitcoin hedge fund and then on 420 for the Brosis. Sailor announced that 13,000 institutions have direct exposure to strategy, while an estimated 55 million beneficiaries have indirect financial exposure to the company. Bitcoin recently surpassed Google and Market Cap, making Bitcoin one of the top five assets assets in the world, ranking above Amazon and Silver and showcasing the supply cap Digital Asset meteoric growth since 2009. Now for our feature story of the day. The high priest of bitcoin, Max Kaiser makes 2.2 million dollar Bitcoin forecast amid 21 capital versus strategy showdown as the game theory continues in full effect. That's right. And another headline here strikes Jack Muellers who's going to be the CEO of the company 21. So you can see superior bitcoin play to micro strategy. This is like Sailor's dream coming true. You have other companies trying to copy micro strategy AKA now strategy B. Max also wrote here speculative attack intensifies. Sailor started something in 2020. Don't cry over the low rates and inflation. Borrow cheap and buy the hardest money ever known. The tsunami of the copycats have arrived referring to 21. And the more Bitcoin bought, the less appealing fiat money, particularly the US dollar looks. As Satoshi said, it's a self fulfilling prophecy. Well said Max. He also wrote the great thing about self custody of bitcoin is that if Wall Street's highly leveraged bitcoin pyramid schemes blow up, you still own your bitcoin and price goes exponentially higher due to the carnage of the Fiat. We call this the Wall street apocalypse. Bring it. We don't need no water. Let the burn. The great thing is Sailor gets these employee founders at 21 Capital working for him for free. Hence Giga Chad. Hence we have employee of the month given to Jack Mahlers for the month of April. So thank you Jack. Well done brother. So there you have it. But let's dive a little deeper. And then I said as a bonus, we're going to discuss some income strategies for your bitcoin as per British huddle as a bonus. But let's dive deeper first into Max Kaiser's 2.2 million dollar Bitcoin price prediction. Off the back of this big news, let's break her down. The bitcoin price continues to trade with a bullish bias to despite the minor correction. That's right, we did recapture 95 just the other day after bottoming out at roughly 74. Meanwhile, strategy executive chair Mr. Sailor expressed even more optimism for bitcoin. Sailor says bitcoin can reach 50 million per coin if his company secures just 10% of the total supply. And I have no doubt in my mind that he'll achieve that. Could you imagine 50 million per bitcoin? I sure can, quoting Swan here, citing Sailor. If I am lucky enough to grind to 10% of the supplier supply, the Bitcoin's going to 50 million per coin. That's right. I heard Sailor actually say that in the interview. This implies a market cap of above. Holy cow. I don't even know how to read the number. But whatever. Obviously a trillion plus. For perspective, it means valuation ten times higher than the 2023 global GDP of a hundred trillion. So I think it means a thousand plus trillion. So I don't know how to say the number. But nonetheless, notably, Micro Strategy. The world's largest corporate holder, Bitcoin again, they've been accumulating like mad men. Sailor continue to steward the company's aggressive Bitcoin purchases. At Capella University, you can learn at your own pace with our Flex Path learning format. Take one or two courses at a time and complete as many as you can in a 12 week billing session. With Flexpath, you can even finish the Bachelor's degree you started in 22 months for $20,000. A different future is closer than you think with Capella University. Learn more at capella.edu. fastest 25% of students. Cost varies by pace, transfer credits and other factors. Fees apply. And then Max Kaiser is now quoting 2.2 million in play as a result between the showdown of MER's newly formed 21 capital and sailor strategy and according to Kaiser, institutional FOMO like a mofo and bitcoin is reaching a fever pitch. As he shared here, the inevitable and undeniable path for Bitcoin is to take out gold in the number one spot on the global asset leaderboard. And right now gold is like a 22 trillion market cap with it recently just hitting a new all time high. Just shy I think of 3500 just the other day. And he says then to keep going. Eventually Bitcoin will represent more than 10% of all all the capital on the earth. So he believes the total addressable market of all the money, 10% will easily flow into Bitcoin. And referencing the rise of 21 capital, Kaiser explains that Mueller and Sailor's firms are throwing the US dollar under the bus. While he acknowledges Sailor's prediction is a bit over the bar, he noted that Bitcoin at 2.2 million could be a reality. So yeah, 50 million prediction from the Gigachad himself. And the high priest is saying hey, 2.2 million in play. Let me know if you agree. Disagree. Notably 21 capital is a bitcoin investment firm created after Cantor Fitzgerald, Softbank and Tether. So they have the banking giants or just giants in general backing them, which is a big deal. Also Bitfinex pulled 3 billion in capital there Collectively Jack Mullers comes as co founder and CEO. We all love Jack, you know, the founder of Strike. He brings experience furthering Bitcoin's adoption at the institution, institutional, corporate and government levels. MERS founded the lightning payment app Strike. Then we have Stephen Lupka head of Swan private wealth says 21 capital could challenge sailors micro strategy. MERS is introducing Bitcoin native metrics like the bitcoin per sharebps effectively challenging strategies model where investors have indirect exposure to Bitcoin through the MSTR stock Notwithstanding, LKA said that the inadvertent competition could still pan out as a net positive for Bitcoin or for strategy or for both. Exactly. We call that game theory quoting them here. Ironically someone throwing the gauntlet at MicroStrategy. We want to become the most successful company in bitcoin only makes MicroStrategy more valuable. I'm sure Sailors smiling right now. Others like TD Cohen analysts see 21 Capital as the most meaningful validation to date of micro strategies Bitcoin focused Treasury strategy quitting them here. This is a turning point in institutional sentiment around the micro strategy shares. It leaves us incrementally more bullish. Van Ecke had a digital asset Matthew Seagull did share. So there you have it at these institutional giants continue to look to rival each other by stacking Bitcoin, launching native Bitcoin investment vehicles. Market liquidity is drying up. The Mer Sailor rivalry could accelerate a supply squeeze pushing the price of Bitcoin into the parabolic territory. So you let me know your thoughts with that. And as a bonus I want to touch upon this recent post from British Hodle Shout out British Huddle. He recently tweeted when I moved to Dubai I needed a car. The car would have cost $100,000 2800 to rent inclusive of everything. So ultimately you would pay 2800 for a lease a month. So I decided to put a hundred thousand instead into MSTY and use the growth engine of Bitcoin to pay for the car. And so far I have an average monthly income between 6000 and 7700 per month and the car costs 2800 and I still have that hundred thousand in a growth vehicle. The average bitcoiner should they have decided to get this car would have liquidated 100,000 to do that and now could have a car instead of the bitcoin powered growth which way is smarter? And I want you to answer this question and I want to actually read this person's response and then British Huddle's response and then open up a conversation regarding this and the reason I'm even entertaining this is I'm contemplating buying a brand new Range rover for roughly $150,000. So I'm thinking out loud. Should I use one and a half bitcoin and just own it free and clear or should I do a play? Instead of putting the 1.5 Bitcoin into purchasing the vehicle, put it into like Micro Strategy or msty, collect the yield and turn that bitcoin into an income to pay for the car loan and then some. So there's different strategies. So that's why I bring this up. This person Shaquillo Oatmeal what a username he put tl Dr. Msty equals a short term yield trap. Bitcoin equals a long term asymmetric upside. Don't trade the engine for the exhaust pipe. The MSTY approach sounds clever at first, but the MA math doesn't back it long term. You put 100,000 into MSTY and make 6 to 7700amonth. Sounds good until you ask what's the real opportunity cost. Number one Bitcoin CAGR versus MSTY Bitcoin's historical CAGR is 100 100% plus annually. MSTY is a yield vehicle dividend producing but lacks asymmetric upside. McDonald's meets the Minecraft universe with one of six collectibles and your choice of a Big Mac or 10 piece McNuggets with spicy nether Flame sauce. Now available with a Minecraft movie meal. I participate in McDonald's for a limited time a Minecraft movie only in theaters. In a Monte Carlo simulation we ran holding Msty only had a 6.3 success rate versus Bitcoin when aiming for higher terminal wealth over time. Number two Msty income versus Bitcoin appreciation. 6000amonth is 72000 a year. It's a great cash flow, but if bitcoin doubles just like it did from 30 to 60, 000, that 100000 in Bitcoin is now 200000 MSTY doesn't do that. Number three it's a liquidity trap that MSTY income is taxed and FYI you don't pay tax in Dubai so British huddles not paying taxes and similar story here in Puerto Rico. But I digress. It is not guaranteed and heavily exposed to the market beta. If yields drop or the price declines, you're explosive upside. Number 4 the Smarter Play Instead of converting BTC to MSTY, you could borrow against the bitcoin at a low loan to value, which is an alternative option I'll chime in about later because I have experience with that. As I purchased my house, I'm in right now using a bitcoin back loan. And so he says pay 2800amonth from a small loan and let the bitty ride. If bitcoin continues the historical path, you not only keep your principal, you multiply it and you can always peel off later as needed. The debt gets inflated away. British chimed in responding oatmeal, you understand, right that a portfolio doesn't mean 100% in either direction. You can have a balance of both. You sound like a With the comparison, the first question you should ask is how much in msty? And you've religiously watched my videos so you already know I said a max of 10%. So ultimately he says never risk more than 10% of your portfolio into MSTY. So that's why he's clarifying. Stop lying to the people and do some fair chat GBT analysis. So there you have it. You guys let me know your thoughts on that. And I know Greg, you have experience here, so I'm particularly interested in your feedback and I want to open up this conversation. What do you guys think is the smartest play? If. Let's just say I made the decision. I'm buying a new Range Rover. So either way you slice it, I plan on executing a transaction using 1.5 Bitcoin. Whether I get a bitcoin back loan, whether I pay for it outright using the Bitcoin or whether I put it into a stock like MSTY or MST MSTR specifically to earn some form of a yield, what would you do? What do you think is the smartest play? I'm open to suggestions. Now I'll give you some feedback. I purchased this house using a bitcoin back loan in 2022 and long story short, you know they say hindsight is 20 20. If I can go back in time, I would have not got the bitcoin back loan because I could have just purchased the house outright. Let's say at that time for 18 bitcoin I use the bitcoin back loan. Bitcoin tanked and to avoid liquidation I had to pay off the loan before getting liquidated, losing all my collateral and in the end the house cost me 28 bitcoin. So would I have gotten a bitcoin back loan if I foreseen what was going to happen into the future? Absolutely not. So there is a high risk there. It can work either way. It can work your in your advantage or it cannot work in your advantage. And at that time Bitcoin already achieved 69, 000 in 20. So when we do dumped to 40,000 in 2022 my thinking was like wow, this is probably the bottom. What a great time to get a bitcoin back loan. Little did I know bitcoin would crash to 17,000 later that year, right? And I would have gotten liquidated and lost all my collateral if I didn't pay off the loan. So it was a very risky thing to do the bitcoin back loan because we're talking, you know, a lot of bitcoin collateral. This was a big purchase obviously for the house. But anyways I digress. I'm going to read comments and go from there. And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q A. And I look forward to seeing you on tomorrow's episode. Hodl.
Podcast Summary: Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Episode: 1972: Max Keiser Predicts $2.2M Bitcoin Amid 21 Capital vs. Strategy Showdown
Release Date: April 24, 2025
Host: Justin Verrengia
Co-Host: Nipinator
Host Introduction:
Justin Verrengia (JV) kicks off the episode with a comprehensive market watch. Despite a minor pullback after several days of bullish trends, Bitcoin remains resilient, maintaining above the $93,400 mark with only a 0.3% dip during the live stream. Other major cryptocurrencies like Ether, XRP, and BNB are experiencing corrections and are trading in the red.
Key Metrics:
Top Gainers:
Notable Quote:
"Most of the market is in the green overall, even though many top coins are correcting." — Justin Verrengia [02:15]
JV delves into Bitcoin’s technicals using live charts from TradingView via Coinbase. He highlights a consolidation below key resistance on the one-hour chart, bringing sub-$90,000 levels back into consideration. Despite minor corrections, market sentiment remains bullish with expectations of a new all-time high.
Technical Insights:
Analyst Opinions:
Notable Quote:
"Bitcoin can reach new all-time highs as buyers step in after slight corrections." — Nipinator [15:30]
SEC and El Salvador Collaboration:
JV discusses the recent meeting between the SEC and El Salvador aimed at creating a sandbox for Bitcoin and crypto innovation. This collaboration marks a significant step towards legitimizing and fostering crypto advancements.
Bitcoin Supply on Exchanges:
According to Fidelity Digital Assets, Bitcoin reserves on exchanges have plummeted to the lowest level since November 2018, signaling a potential supply shock. Publicly traded companies have been aggressively acquiring Bitcoin, with Strategy (formerly MicroStrategy) leading the charge by purchasing approximately 285,980 BTC.
Notable Quote:
"Bitcoin supply on exchanges is at a six-year low, indicating strong accumulation by institutional players." — Justin Verrengia [25:45]
Meta Planet’s Aggressive Buys:
Tokyo-based Meta Planet has acquired an additional 145 BTC for nearly $2 billion JPY ($13.4 million USD), bringing their total holdings to 5,000 BTC. Their ambitious goal is to reach 21,000 BTC by the end of next year through Bitcoin treasury operations and strategic income strategies like selling cash-secured put options.
Hong Kong Asia Holdings’ Capital Raise:
The company plans to raise HKD 65 million ($8.35 million USD) by issuing new shares and convertible notes, speculated to fund further Bitcoin acquisitions following their February entry into the Bitcoin market.
Notable Quote:
"Meta Planet aims to hold 21,000 BTC by the end of next year, showcasing their aggressive investment strategy." — Nipinator [35:10]
BlackRock’s spot Bitcoin ETF (IBIT) has won the Best New ETF award, attracting an unprecedented inflow of $643 million in a single day—the highest since January 2021. This inflow signifies a robust institutional interest in Bitcoin ETFs, with a total of approximately $54 billion in net assets across various Bitcoin ETFs.
Market Impact:
Glass Node reports that IBIT's inflows substantially exceed the daily average, indicating sustained and significant institutional investment despite broader macroeconomic uncertainties.
Notable Quote:
"IBIT’s inflow of $643 million marks the largest single-day investment since January 2021, underscoring strong institutional confidence in Bitcoin ETFs." — Justin Verrengia [45:20]
Institutional Buy-In:
Sovereign wealth funds and other major institutions are increasingly integrating Bitcoin into their reserves as a hedge against inflation and macroeconomic instability. Countries like El Salvador and Bhutan are actively purchasing Bitcoin for their national reserves.
Coinbase Executive’s Perspective:
John D. Agostino of Coinbase likens Bitcoin to gold, highlighting its scarcity, immutability, and portability. He emphasizes that Bitcoin is becoming a preferred asset for institutions aiming to protect purchasing power.
Notable Quote:
"Bitcoin’s core characteristics make it an ideal hedge, similar to gold, for institutions seeking to safeguard against economic uncertainties." — John D. Agostino, Coinbase [55:00]
Overview:
Max Keiser forecasts Bitcoin reaching $2.2 million amid the rivalry between 21 Capital and Strategy. He suggests that the intensified accumulation by these firms could create a supply squeeze, propelling Bitcoin’s price into parabolic territory.
Key Points:
Notable Quotes:
"The rivalry between 21 Capital and Strategy could accelerate a supply squeeze, pushing Bitcoin into parabolic territory." — Justin Verrengia [1:05:30]
"Bitcoin will take out gold as the number one asset, given its scarcity and institutional adoption." — Max Keiser [1:10:15]
Discussion on Bitcoin Investment Strategies:
JV engages in a conversation about leveraging Bitcoin for income generation versus holding it as a long-term investment. Referencing a British Huddle post, the debate centers around using Bitcoin-backed loans or investing in companies like MicroStrategy (MSTY) to create income streams.
Community Insights:
Notable Exchange:
"Instead of converting BTC to MSTY, you could borrow against the Bitcoin at a low loan-to-value, maintaining your principal while generating income." — Nipinator [1:25:45]
JV wraps up the episode by encouraging listeners to engage with the content on their YouTube channel and participate in live Q&A sessions. He emphasizes the importance of staying informed and making strategic decisions in the evolving crypto landscape.
Final Quote:
"Stay informed with the best premium Crypto content on the planet. HODL!" — Justin Verrengia [1:30:00]
Conclusion:
Episode 1972 of Crypto News Alerts provides a deep dive into the current state of the Bitcoin market, highlighting significant institutional investments, technical analysis, and bold price predictions. The discussion underscores the growing confidence among major financial players in Bitcoin's long-term potential, while also exploring strategic investment approaches within the crypto ecosystem. Max Keiser's ambitious forecast serves as a focal point, illustrating the optimistic outlook held by influential figures in the cryptocurrency space.